Richard L. Bedell is a director and President and Chief Executive Officer of RenGold. Along with Ron Parratt, Richard was a co-founder and Executive Vice President and Director for AuEx. Richard has over 30 years of exploration experience including an adjunct faculty position in Exploration Geophysics at the Mackay School of Earth Sciences & Engineering.… Continue Reading
CEO.ca talked to accomplished mining executive Eira Thomas at the Vancouver Resource Investment Conference January 19, 2015. Ms. Thomas is President and CEO of Kaminak Gold (KAM.V), which is developing the Coffee gold project in the Yukon Territory, with major backers including Lukas Lundin and Ross Beaty. Kaminak completed a PEA in 2014 demonstrating robust… Continue Reading
Mr. Dorward has over 17 years of experience in the mining and finance industries and most recently served as Vice-President, Business Development at Fronteer Gold Inc. He was an integral part of the team that sold the large Michelin uranium deposit, acquired AuEX Ventures Inc., and successfully advanced Fronteer Gold’s properties prior to the Company’s… Continue Reading
Via Energy and Gold.com: Since forming a double-top at $1307/oz last week gold has formed a bearish technical pattern that could result in a move lower back down to the $1250s: A breach of the $1275 support level would set up a pullback to the $1250s. Such a scenario would also follow the August/September 2012… Continue Reading
Via Energy and Gold.com: During the week ending January 20th hedge funds increased short positions in WTI crude oil futures to the highest levels since September 2010: There is an interesting dynamic developing in the crude market: Inventory builds are expected to be huge during the 1st quarter Sentiment has reached a bearish extreme that… Continue Reading
Via Energy and Gold.com: There was a boom in oil & gas Capex during the past couple of years, particularly in the shale oil drilling space: With the recent crash in the oil price this boom has turned into a bust and there is likely to be further fallout among the weaker, less well capitalized… Continue Reading
Gold Touches $1,300 Barrier as Canada Cuts Interest Rate Gold continued its rise during the week (up 1%), briefly breaching the $1,300 per ounce mark before settling at $1,293 per ounce on Friday, this coincided with the Bank of Canada unexpectedly lowering its key interest rate by 25 basis points to 0.75, which follows a… Continue Reading
Via Energy and Gold.com: Small speculators more than doubled their net length in gold futures ahead of the ECB’s quantitative easing announcement on Thursday: This is the largest net long position in gold futures that small speculators have had since early July which happened to coincide with an intermediate price peak for the yellow metal. Meanwhile,… Continue Reading
Via Energy and Gold.com: We have been ‘stalking’ Haliburton (HAL) for a couple of weeks based upon a clearly defined double-bottom setup and the potential for a breakout above $41. This breakout is now in progress: The Daily 14-period relative strength index (RSI) is above the median line pointing higher and no where close to… Continue Reading
Via Energy and Gold.com: A set of quotes on oil from some people in high places from Bloomberg Briefs: There are some observations and deductions to be made from this set of quotes. Possibly the person to gain the most from higher oil prices, the CEO of Russia’s VTB Bank, says that $60-$80 is the range… Continue Reading
At the Cambridge House Vancouver Resource Investment Conference this past Sunday and Monday, we had the chance to ask respected mining analyst Brent Cook for his outlook on the sector for which he is best known. Here’s what he said: Right now one of the biggest risks given how 2015 is starting off so positive… Continue Reading
Iamgold (IMG.T) has closed the sale of the Niobec mine for proceeds of $500 million in cash after tax. The company now has a very strong financial position and with current cash, cash equivalents, and gold bullion the balance is approximately $800 million. Management has indicated that they are looking for acquisition opportunities. The last acquisition Iamgold… Continue Reading
As a young man, Peter Tallman fell in love . . . with rocks. It happened with the help of an unwitting 80 year old mentor named Harold, who was given the job of teaching young Peter how to build a stone fireplace. After struggling unsuccessfully to break the first boulder for the job (an… Continue Reading
B2Gold (BTO.T) is one of the latest companies to come out with 2014 production results and 2015 production guidance. B2Gold will be growing production in 2015 by 35% which is the highest growth I have seen out of any company in 2015. The majority of the growth will come from the newly commissioned Otjikoto mine… Continue Reading
By Henry Bonner (hbonner@sprottglobal.com) Read online > You might not realize it, but we’re living through an exceptionally slow period for exploration. The ‘junior’ resource sector simply is not making new discoveries. The TSX-V, where most Canadian exploration stocks are traded, is down around 60% in four years. As a result, fewer investors are willing… Continue Reading
